The Transmission Company of Nigeria (TCN) disclosed it had increased power transmission capacity beyond 8,100 megawatts recorded in 2018.
Some of the eleven power distribution companies (DisCos) operating in Nigeria might be forced out of the power sector by TCN 2020 objective.
Discos in the power sector have mapped out plans to invest N935bn in their networks within five years as calls for their recapitalisation heightens.
The independent power regulatory body, Transmission Company of Nigeria (TCN) has recommended the liquidation of a yet-to-be-disclosed power distribution company (DisCo) to the Federal Government.
The Transmission Company of Nigeria (TCN), has confirmed that it received about $1.661 billion worth of investments from unnamed international donors to boost power supply in Nigeria.
